RSG (Republic Services) Cyclically Adjusted PS Ratio: 4.78 (As of Jul. 22, 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RSG Republic Services Inc RSG
76 GF Score
Price $216.52
GF Value $220.74
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Republic Services Cyclically Adjusted PS Ratio?

Republic Services RSG +0.88% 76 Cyclically Adjusted PS Ratio is 4.78 as of Jul. 22, 2026, which is 31% above its 10-year median of 3.66. GuruFocus rates RSG with a GF Score™ of 76/100 and a GF Value™ of $220.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 156 Waste Management companies, Republic Services ranks worse than 83.97% on this metric.

As of today (2026-07-22), Republic Services's current share price is $216.52. Republic Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $45.29. Republic Services's Cyclically Adjusted PS Ratio for today is 4.78.

The historical rank and industry rank for Republic Services's Cyclically Adjusted PS Ratio or its related term are showing as below:

RSG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.66   Max: 6.11
Current: 4.74

During the past years, Republic Services's highest Cyclically Adjusted PS Ratio was 6.11. The lowest was 2.11. And the median was 3.66.

RSG's Cyclically Adjusted PS Ratio is ranked worse than
83.97% of 156 companies
in the Waste Management industry
Industry Median: 1.36 vs RSG: 4.74

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Republic Services's adjusted revenue per share data for the three months ended in Mar. 2026 was $13.298. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $45.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Republic Services  (NYSE:RSG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Republic Services Cyclically Adjusted PS Ratio Related Terms


Republic Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Republic Services's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Republic Services Cyclically Adjusted PS Ratio Chart

Republic Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 3.65 4.32 4.89 4.81

Republic Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.75 5.74 5.25 4.81 4.84

RSG vs WCN, WM, CLH: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Republic Services's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic Services Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Republic Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Republic Services's Cyclically Adjusted PS Ratio falls into.


RSG
76GF Score
Republic Services Inc RSG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Republic Services Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Republic Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=216.52/45.29
=4.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Republic Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Republic Services's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.298/330.2130*330.2130
=13.298

Current CPI (Mar. 2026) = 330.2130.

Republic Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.810 241.018 9.330
201609 7.004 241.428 9.580
201612 6.963 241.432 9.523
201703 6.999 243.801 9.480
201706 7.431 244.955 10.017
201709 7.569 246.819 10.126
201712 7.626 246.524 10.215
201803 7.307 249.554 9.669
201806 7.658 251.989 10.035
201809 7.849 252.439 10.267
201812 7.768 251.233 10.210
201903 7.637 254.202 9.921
201906 8.071 256.143 10.405
201909 8.228 256.759 10.582
201912 8.048 256.974 10.342
202003 7.975 258.115 10.203
202006 7.681 257.797 9.839
202009 8.045 260.280 10.207
202012 8.043 260.474 10.196
202103 8.117 264.877 10.119
202106 8.788 271.696 10.681
202109 9.186 274.310 11.058
202112 9.271 278.802 10.981
202203 9.363 287.504 10.754
202206 10.770 296.311 12.002
202209 11.367 296.808 12.646
202212 11.071 296.797 12.317
202303 11.292 301.836 12.354
202306 11.742 305.109 12.708
202309 12.084 307.789 12.964
202312 12.135 306.746 13.063
202403 12.233 312.332 12.933
202406 12.843 314.175 13.499
202409 12.964 315.301 13.577
202412 12.889 315.605 13.486
202503 12.796 319.799 13.213
202506 13.513 322.561 13.834
202509 13.500 324.800 13.725
202512 13.334 324.054 13.587
202603 13.298 330.213 13.298

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 4.78 mean?
Republic Services (RSG) has a Cyclically Adjusted PS Ratio of 4.78 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Republic Services and its competitors. This is 31% above median its historical median of 3.66. Over the past decade, Republic Services' Cyclically Adjusted PS Ratio has ranged from 2.11 to 6.11. According to the industry distribution chart, Republic Services ranks #131 out of 156 companies in the Waste Management industry, placing it in the top 84%.
Is Republic Services' Cyclically Adjusted PS Ratio too high?
Republic Services' current Cyclically Adjusted PS Ratio of 4.78 is 31% above median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 6.11. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.36. Republic Services' value of 4.78 is 251.5% above this industry median. Based on the distribution chart, Republic Services ranks #131 out of 156 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Republic Services has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Republic Services' Cyclically Adjusted PS Ratio compare to WCN and WM?
According to the Waste Management industry distribution chart, Republic Services ranks #131 out of 156 companies for Cyclically Adjusted PS Ratio. This places Republic Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Republic Services' value of 4.78 is 251.5% above this benchmark. Historically, Republic Services' own Cyclically Adjusted PS Ratio has ranged from 2.11 to 6.11 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 1.36, Republic Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.36, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Republic Services's current Cyclically Adjusted PS Ratio of 4.78 is 251.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Republic Services and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Services's current Cyclically Adjusted PS Ratio is 4.78, which is 31% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Services stock overvalued right now?
Based on GuruFocus' analysis, Republic Services (RSG) is currently considered Fairly Valued. The stock's GF Value™ is $220.74, compared to a current price of $216.52 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.78, which is 31% above median its 10-year median of 3.66 and 251.5% above the Waste Management industry median of 1.36. Republic Services' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Republic Services (RSG), the current Cyclically Adjusted PS Ratio is 4.78 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Republic Services (RSG) Overvalued in 2026?

Based on GuruFocus' analysis, Republic Services stock appears to be undervalued. The current stock price of $216.52 is trading 1.9% below its estimated GF Value™ of $220.74. GuruFocus considers Republic Services to be Fairly Valued.

Key valuation signals for RSG:

  • Cyclically Adjusted PS Ratio: 4.78 (31% above median its 10-year median of 3.66)
  • GF Value™: $220.74 vs. price of $216.52 (1.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 251.5% above the Waste Management median (#131 of 156)

No single metric tells the full story. See the RSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Republic Services Business Description

Address 5353 East City North Drive, Phoenix, AZ, USA, 85054
Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.
76GF Score

Get the complete analysis for RSG

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$216.52
Price
$220.74
GF Value